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Articles Tagged withtakeda pharmaceuticals

Takeda Pharmaceuticals has decided to wrap up the remaining Actos linked bladder cancer lawsuits. Takeda settled two more claims this week, after a two-month trial in Nevada state court.

Recently, Takeda ear-marked $2.4 billion for settlements to settle thousands of personal injury and defective product liability lawsuits brought by diabetic patients who were diagnosed with bladder cancer after using Actos.

Actos Settlement Band Wagon Keeps On Rolling

In September, Takeda said that 96% of Actos claimants signed up for its $2.3 billion settlement offer, settling most of the 8,000 plus cases pending in state and federal courts.

On other fronts, Takeda settled the 7 out of 9 cases that had been tried and were up on appeal. Takeda also agreed to toss in an extra $100 million if 97% of claims matched up with settlement criteria. Takeda is trying close down the Actos bladder litigation, by encouraging as many plaintiffs as possible to settle their injury claims and keep the settlement band wagon rolling on.

After 4 years of intense Actos litigation, surrounding the link between the use of Actos and the development of bladder cancer, Takeda Pharmaceuticals is signaling the raising of the white flag, by entering into a series of settlement discussions.

Serious effort are underway to try and resolve all of the Actos bladder cancer lawsuits. According to an order issued on March 17 by U.S. Magistrate Judge Patrick J. Hanna, there are five settlement meetings scheduled between April 16, 2015 and March 18, 2016, before the next “bellwether” trial goes before a federal jury.

The U.S. District Judge presiding over all federal Actos bladder cancer lawsuits will require the parties to discuss settlements in advance of a bellwether trial scheduled in May 2016. In that trial at least five different cases are consolidated for trial before one jury.

Recently earlier this month, seventeen plaintiffs filed an Actos bladder cancer lawsuit against manufacturer Takeda Pharmaceuticals, blaming that the use of the type 2 diabetes treatment led to the diagnosis of bladder cancer.

Four of the plaintiffs had died from advanced bladder cancer. The other plaintiffs have experienced recurrences of their cancer, leading to complications and ongoing painful cancer treatments.

The U.S. District Judge overseeing the federal Actos litigation has issued orders requiring that the Court be provided with details about each of the cases filed, information about potential settlements and motions in various state courts throughout the country.There have been eight Actos Bladder Cancer trials to date across the United States. The majority of them have been held in various state courts and only one has been tried in the federal MDL out of thousands filed.The federal MDL case, a real bell ringer for Takeda, saw a Louisiana jury award over $9 billion – most of it in punitive damages – to the plaintiffs. The eye popping award was lowered in October to $38.1 million, and the jury was allowed to hear information that the judge sanctioned Takeda for destroying documents.Most recently, in November 2014, a jury fined Takeda $155,000 for destroying documents that could have helped plaintiff Richard Myers.The panel in that case found that Takeda officials intentionally destroyed the files.Takeda Pharmaceutical Co., was also ordered to pay more than $2 million to a plaintiff who claimed that the company’s Actos diabetes medicine caused her bladder cancer. Jurors in state court in Philadelphia found that the Japan-based Takeda failed to properly warn Frances Wisniewski’s doctors about Actos’s cancer risk.Federal Court Issues New OrdersJudge Doherty is requiring the parties to provide the Court with particularized information about each case pending in the federal court system.Defendants have been required to provide a summary of information contained on each plaintiffs’ fact sheet, including information on their exposure to Actos, medical history, bladder cancer treatments and other risk factors for the disease.Plaintiffs have been ordered to provide information about each case from the defendants’ fact sheet, outlining sales representative information received and any contact the drug companies had with the plaintiffs’ treating physicians.

Takeda Knew in 2004 of Cancer Link

According to court documents, Takeda knew by 2004 that studies found links between Actos and cancer, and didn’t issue a warning until seven years later to protect billions of dollars in Actos sales.

An Actos Bladder Cancer trial in West Virginia state court has started over allegations that Takeda Pharmaceutical Co. Ltd.’s popular diabetes drug Actos causes bladder cancer.The West Virginia trial comes shortly on the heels of a $2 million verdict in Philadelphia on October 3 over the blockbuster drug.It will be only the eighth case to go to trial out of thousands filed. Takeda Pharmaceutical Co., was slammed and ordered to pay more than $2 million to a plaintiff who claimed that the company’s Actos diabetes medicine caused her bladder cancer.This was the latest Actos trial over bladder cancer claims from the medication.Jurors in state court in Philadelphia found that the Japan-based Takeda failed to properly warn Frances Wisniewski’s doctors about Actos’s cancer risk.

According to Wisniewski’s attorney, Mike Miller, the jury found Takeda “clearly failed to warn, and it clearly caused her damage. She’s got a life of bladder cancer; it’s a fair verdict,” he added.

The Philadelphia jury spoke loud and clear. Takeda Pharmaceutical Co., the manufacturer of the popular diabetic medication, was ko’d by the jury, and ordered to pay more than $2 million to a plaintiff who claimed that Actos caused her bladder cancer. This was the latest Actos trial over bladder cancer claims from the medication.Last week, jurors in state court in Philadelphia found that the Japan-based Takeda failed to properly warn Frances Wisniewski’s doctors about Actos’s cancer risk. Jurors found that Actos is linked to severe injuries and in some instances of death by causing bladder cancer in some unsuspecting diabetic patients who took the popular medications.

According to Wisniewski’s attorney, Mike Miller, the jury found Takeda “clearly failed to warn, and it clearly caused her damage. She’s got a life of bladder cancer; it’s a fair verdict,” he added.

There are several thousand lawsuits filed by folks both in state and federal courts by patients who took the prescription drug pioglitazone, sold as brand name Actos and later developed bladder cancer. Doctors prescribe Actos to treat patients with Type 2 Diabetes.

Takeda Actos Bladder Cancer Verdict

On April 7, 2014, a federal jury in Louisiana found Takeda failed to adequately warn about bladder cancer risks of Actos. Jurors also found that executives of Takeda acted with wanton and reckless disregard for patient safety and awarded a total of $9 billion in punitive damages.

After a record breaking pharmaceutical $9 billion jury verdict involving Actos bladder cancer lawsuit, Takeda Pharmaceuticals and Eli Lilly, Actos manufacturers, have filed for a new trial. Takeda Pharmaceuticals and Eli Lilly, claim that the massive award shows that the jury acted with “passion and prejudice”.

Actos Record $9B Verdict

In April, a federal jury in Louisiana hammered Takeda with $1.5 million in compensatory damages and a whopping $9 billion in punitive damages. Terrance Allen and his wife’s claim, was the first out of several thousand Actos lawsuits in the federal court system to go to trial.

The jury in federal court in Louisiana, sent a loud and clear message on Monday, in rendering a bombshell verdict. Takeda Pharmaceutical Co. and Eli Lilly & Co. were ordered to pay a combined $9 billion in punitive damages. The federal court jury found they hid the cancer risks of their Actos diabetes drug in the first federal U.S. trial.

https://www.youtube.com/watch?v=G4ItYan1QWo&feature=player_detailpage

Takeda, Lilly $9 Billion Punitive DamagesTakeda, based in Osaka, Japan, was ordered to pay $6 billion by the jury yesterday in Lafayette, Louisiana. Indianapolis-based Eli Lilly, Takeda’s partner, was ordered to pay $3 billion. Punitive damages are awarded in these types of cases to punish the companies for their wrongful acts.

After 33 grueling days of hotly contested trial testimony, the first federal Actos bladder cancer lawsuit trial has ended. The jury is scheduled to hear closing arguments on Monday and then deliberations will begin.

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